does transferring money from my icici to my hdfc count against 10l itr notice limit ?

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Blaze
gakarshit957

i want to transfer my trv from icici to hdfc ,both account are on my name and details, will it counts towards that 10l itr limit which bank report to income tax dept?

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Benevolent Benevolent
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Same pan no issues.

Helpful Helpful
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if report also what will happens?

Blaze Blaze
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IT ki raid 😭 
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Brand Enthusiast Brand Enthusiast
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It will showup in AIS, but how does it matter when it is bank to bank transfer?

Blaze Blaze
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ais?
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Deal Subedar Deal Subedar
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10L limit* is on cash deposit and credit card spends

Blaze Blaze
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can i rtgs from my one acc to another ?
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Deal Subedar Deal Subedar
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Online transaction in any mode (NEFT, RTGS, IMPS) between Same PAN account , there will be no issues:) as that will not be counted as income , it will be counted as just account transfer 

Blaze Blaze
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u sure ?
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Deal Cadet Deal Cadet
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The threshold is Rs  50 lakh in savings account in a financial year . below that nothing to be worried even if its from different person's account ...

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